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Bankruptcy: retired employees: disclosure of names and mailing addresses.

It became law on Sep 9, 2016.

CA AB 241 · Assembly Bill · 2015–2016

Stage
Became law
Started in
Assembly
Sponsor
1
Latest action
Sep 9, 2016

What it does

(1) Existing law prohibits a local public entity, as defined, from filing a petition and exercising powers pursuant to applicable federal bankruptcy law unless the local public entity has participated in a specified neutral evaluation process with interested parties, or the local public entity has declared a fiscal emergency and has adopted a resolution by a majority vote of the governing board at a noticed public hearing that includes findings that the financial state of the local public entity jeopardizes the health, safety, or well-being of the residents of the local public entity's jurisdiction or service area absent the protections of federal bankruptcy law. Existing law defines…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 9, 2016

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Bankruptcy: retired employees: disclosure of names and mailing addresses. | 52